Africa & the Middle East offers vast potential for infrastructure development and project finance investment, however this potential is still yet to be fully unleashed. Despite the gradual reduction in political risk throughout swathes of the region, and some exceedingly ambitious development plans from national governments, there is currently only a meagre number of financeable projects outside the energy and natural resource sector. Whilst there is undoubted opportunity there remains significant challenge: in the short term developments will continue to be piecemeal, completed on a project by project basis rather than under the auspices of a grander national or transnational scheme.
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